TeraWulf Inc (NASDAQ: WULF) on Monday, soared 18.51% from the previous trading day, before settling in for the closing price of $5.24. Within the past 52 weeks, WULF’s price has moved between $0.89 and $6.51.
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A company in the Financial sector has jumped its sales by 46.70% annually for the last half of the decade. The company achieved an average annual earnings per share of 68.16%. With a float of $273.43 million, this company’s outstanding shares have now reached $276.73 million.
In an organization with 10 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 30.97%, operating margin of -27.52%, and the pretax margin is -50.09%.
TeraWulf Inc (WULF) Insider Updates
Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of TeraWulf Inc is 28.53%, while institutional ownership is 45.10%. The most recent insider transaction that took place on Jun 07 ’24, was worth 227,137. In this transaction Chief Acct Officer + Treasurer of this company sold 69,996 shares at a rate of $3.25, taking the stock ownership to the 337,245 shares.
TeraWulf Inc (WULF) Performance Highlights and Predictions
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.09 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.05) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 68.16% per share during the next fiscal year.
TeraWulf Inc (NASDAQ: WULF) Trading Performance Indicators
TeraWulf Inc (WULF) is currently performing well based on its current performance indicators. A quick ratio of 1.20 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 19.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.19, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.09 in one year’s time.
Technical Analysis of TeraWulf Inc (WULF)
Let’s dig in a bit further. During the last 5-days, its volume was 27.61 million. That was better than the volume of 20.15 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 91.55%. Additionally, its Average True Range was 0.46.
During the past 100 days, TeraWulf Inc’s (WULF) raw stochastic average was set at 93.39%, which indicates a significant decrease from 99.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 107.76% in the past 14 days, which was lower than the 116.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.40, while its 200-day Moving Average is $3.21. However, in the short run, TeraWulf Inc’s stock first resistance to watch stands at $6.61. Second resistance stands at $7.00. The third major resistance level sits at $7.78. If the price goes on to break the first support level at $5.44, it is likely to go to the next support level at $4.66. Assuming the price breaks the second support level, the third support level stands at $4.27.
TeraWulf Inc (NASDAQ: WULF) Key Stats
Market capitalization of the company is 2.38 billion based on 333,182K outstanding shares. Right now, sales total 69,230 K and income totals -73,420 K. The company made 35,570 K in profit during its latest quarter, and -10,880 K in sales during its previous quarter.
